Form IA163 (42-039) Interest Expense Adjustments - Iowa

What Is Form IA163 (42-039)?

This is a legal form that was released by the Iowa Department of Revenue - a government authority operating within Iowa. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form IA163?
A: Form IA163 is the Interest Expense Adjustments form used in Iowa.

Q: Who is required to file Form IA163?
A: Taxpayers in Iowa who need to adjust their interest expenses.

Q: What is the purpose of Form IA163?
A: The purpose of Form IA163 is to report adjustments to interest expenses.

Q: When is Form IA163 due?
A: Form IA163 is due on or before the due date of the Iowa income tax return.

Q: Is there a fee for filing Form IA163?
A: No, there is no fee for filing Form IA163.

Q: Can Form IA163 be e-filed?
A: Yes, Form IA163 can be e-filed if you are also filing your Iowa income tax return electronically.

Q: What should I do if I made a mistake on Form IA163?
A: If you made a mistake on Form IA163, you may need to file an amended return or contact the Iowa Department of Revenue for assistance.

Q: Are there any penalties for late filing of Form IA163?
A: Yes, there may be penalties for late filing of Form IA163. It is important to file the form on time to avoid these penalties.

Q: What supporting documents should I include with Form IA163?
A: You should include any relevant documentation, such as receipts or statements, that support your adjustments to interest expenses on Form IA163.